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RBA predicts rent and house costs spiral

RBA predicts rent and house costs spiral

by David Olsen | Thursday, 11 Mar, 2010 – 13:04 |
Reserve Bank of Australia assistant governor Philip Lowe has warned of a return to pre-GFC levels house cost spirals as the resources sector grows. RBA...
NAB raise interest rates by 0.25% – still cheapest of the big four banks

NAB raise interest rates by 0.25% – still cheapest of the big four banks

by David Olsen | Wednesday, 3 Mar, 2010 – 14:31 |
Following the Reserve Bank of Australia’s Board Meeting yesterday, National Australia Bank confirmed its variable home loan interest rates would increase by...
RBA raises interest rates 0.25 percent

RBA raises interest rates 0.25 percent

by David Olsen | Tuesday, 2 Mar, 2010 – 14:30 |
The Board of the Reserve Bank of Australia decided today to raise the cash rate by 25 basis points to 4.0 per cent, effective tomorrow. The global economy is...
Current account deficit blows out in December

Current account deficit blows out in December

by David Olsen | Tuesday, 2 Mar, 2010 – 12:45 |
Australia’s current account deficit came in worse than expected at a seasonally adjusted $17.46 billion in figures from the Australian Bureau of...
Housing approvals down 7 percent in January

Housing approvals down 7 percent in January

by David Olsen | Tuesday, 2 Mar, 2010 – 12:18 |
New building approvals in Australia were down 7 percent in January,  to 14,045 from 15,106 units in December, the Australian Bureau of Statistics (ABS) said...
Interest rates on hold as wage growth slows

Interest rates on hold as wage growth slows

by David Olsen | Wednesday, 24 Feb, 2010 – 15:02 |
Interest rates are expected to stay on hold with quarterly wage growth easing in the December quarter, seasonally adjusted. With total hourly rates of pay,...

RBA interest rate decision expected today

by Erin Delaney | Tuesday, 2 Feb, 2010 – 15:25 |
The Reserve Bank of Australia (RBA) are expected to hand down their interest rate decision today, amidst frenzied speculation of a guaranteed rise that will...

Commonwealth Bank joins rate rise ranks

by Erin Delaney | Friday, 4 Dec, 2009 – 15:33 |
Commonwealth Bank has announced it will increase its standard variable home loan interest rate by 37 basis points, in a move that is set to send ripples...

NAB undercuts Westpac rate rise

by Erin Delaney | Friday, 4 Dec, 2009 – 11:31 |
National Australia Bank has sparked a home loan rate war by undercutting Westpac’s interest rate rise of 45 basis points earlier this week, keeping their...

Reserve Bank repeats rate rise

by Adeline T | Tuesday, 1 Dec, 2009 – 14:39 |
The Reserve Bank has raised the cash rate for the third consecutive month. The rise of 25 basis points takes the rate to 3.75 percent, effective from...


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